316 Burch St UNIT S2TaosNM87571
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Taos at 316 Burch St UNIT S2, Taos, NM, 87571 listed at $205,000 pairs $1,462/mo rent with a $1,003/mo payment to leave $259/mo cash flow. Total monthly income runs $1,462/mo, and annual cash flow reaches $3,109/yr on $67,958 cash to close. Return on cash invested measures 24.48% in year one, and rental yield registers 8.56% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 127.02% and total cumulative return in cash totals $86,322. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,462/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87571, Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,979 (100%) |
| Owner Occupied HU | 3,839 (55.0%) |
| Renter Occupied HU | 2,025 (29.0%) |
| Vacant Housing Units | 1,115 (16.0%) |
| Median Home Value | $422,489 |
| Average Home Value | $507,931 |
Housing Distribution
Address Breakdown
Residential
3,203
Single Family
3,052
Multi-Family
151
Businesses
1,034
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Listed by: Jade Anaya • New Mexico Real Estate Group
Mls Name: Enchanted Circle
Mls ID: #114219